Credit Counselling

Establish better spending habits

We provide credit counselling to help you establish better spending habits that will lead to a more financially responsible life.

5.0

Based on 671 reviews

WhoisDriaB

02:09 20 Jan 21

Jackie is an amazing person, she takes her time to make sure you understand everything. Every question I had she was always a email or text away with a quick response. Thank you again

danny adlabi

20:11 19 Jan 21

Jackie Stanley was amazing she was kind and wonderful to work with i am so grateful for her help she set down went over all my questions and my situation and i got all the help i need it

mer irf

19:59 19 Jan 21

Jackie made me feel very comfortable from the minute I walked in. She treated me with humanity and respect. She is also very professional and knowledgeable; she explained very clearly what was involved. Thank you Jackie for giving me the chance to start anew.

Dorianne White

15:06 19 Jan 21

We were so tired of our debt holding us back. We reached out to Jackie at David Sklar and she was so great from day one! She was quick understanding caring! Our experience was excellent! Everything was smooth and easy. What a relief it was with Jackie at David Sklar!Thank You so much 😊

F Volpe

05:07 11 Jan 21

Best thing I ever did! Don't let the messaging out there convince you being unable to manage your debt is shameful and a failing. Cori is amazing! She knows what she's talking about and she will guide through all your options. Everyone I've dealt with at David Sklar has been respectful and friendly. This was life changing help for me.

Maria G.

19:07 03 Jan 21

Cori, she’s very helpful and patient. She treated me with respect. She took so much time to explain to me what’s the best way to resolve my financial problem and teach me how i can save to avoid thesame problem again. Cori thank you so much.

Nilda H.

23:34 21 Dec 20

I highly recommend David Sklar & Associates, especially Rhoda Lewis, she listened with patience, understood my whole situation, advised professionally, she has many years of experience and is very knowledgeable, I felt confident with her work, she handled my case and guided me every step of the way, she reviewed with me in detail, and is very caring. I really trust David Sklar’s team, they really work and help people in a very simple and professional way. I am so grateful for Rhoda’s work helping me through this situation. Now it is like I received a 2nd chance to live free, I can take control and now take care of other things that matter in my life. Thanks for taking away the stress & weight I was carrying on my shoulders. I can now sleep at night. God Bless you for all your work. Thank you.

J H

21:14 12 Dec 20

The staff at David Sklar are professional, respectful and honest right from my first phone call. It made a really embarrassing and difficult situation easier to handle. Now I'm on the way to rebuilding my life for my family.Thank you to the team and especially Ashley from the Brampton location.

Omair pasha

17:32 11 Dec 20

Ashley Carter was great and helpful. Answered every and each questions in detail and politely. Thanks

L. M.

15:29 10 Dec 20

I'm am very pleased that I contacted David Sklar & Assoc. I dealt with Rhoda Lewis, she was very professional and understood my need for their services. Rhoda set up a repayment plan, that was very easy to follow and made everyone satisfied.Going to David Sklar & Assoc. Was the best choice, to make for rebuilding my credit. I recommend David Sklar & Assoc. to anyone who needs help with debt relief.

evangia cawley

17:51 09 Dec 20

From consult to resolution the service was highly professional. I felt heard and understood. There was no judgement. Jackie always responded to my questions in a timely manner. Most of all, Jackie went all out to see that I got the best care and advise she could find.

Jackie

16:20 09 Dec 20

So grateful to the whole team at Sklar for the opportunity to start fresh after a very difficult time of job loss. They went the extra mile for me and have been stellar! J

Lioudmila Riagouzova

15:28 09 Dec 20

David Sklar and Associates is an outstanding firm. Jackie Stanley is an excellent, professional and warm trustee. Thank you Jackie.

David Gnesin

14:48 08 Dec 20

Ashley Carter was ver professional and understanding. Clearly she assisted in the best way to deal with our issues and executed them very efficiently.

Alphonse Nguyen

15:58 27 Nov 20

Rhoda had helped, not only myself but also my mother, with our situations and with utmost understanding and compassion. She is very thorough with her work to make sure your case is successful. We highly recommend her expertise if you ever in need of a consumer proposal.

Chris Childs

06:27 17 Nov 20

Firstly I liked the convenient location (Head Office) located on the north side of Fairview Mall, parking was also as never a problem. Took myself some time to really 'Hit rock-bottom' before realizing that I had no choice, But to declare bankruptcy. Skylar & Associates was the first Trustee office that I contacted speaking to Associate Jackie Stains for a free phone consultation. Not knowing much about the process (bankruptcy) I also talked to other Trustee companies before ultimately trusting my 'Gut' by choosing David Skylar & Company's, Jackie. Highly recommended for her friendly, non judgmental approach & explanations regarding the Process. Questions were welcomed. Today I have a hopeful direction to move forward with far less stress & seeing light at the 'end of the Tunnel'!Chris Childs.

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Credit counselling in Ontario?

The licensed insolvency trustees at David Sklar & Associates have been successfully helping people achieve financial empowerment through credit counselling in Ontario since 1997. We know that debt is overwhelming and stressful, which is why we provide a judgment-free atmosphere where we explain your options and help you make an educated decision. We provide credit counselling services to teach individuals how to manage debt. Our strategies will help you manage credit, budget money, save money and get you back on track.

The initial consultation with your counsellor is free, so even if you’re not ready to move forward you will be able to make the right decision when you are.

Should you choose to file for bankruptcy or a consumer proposal, you will be asked to attend two mandatory sessions of credit counselling which will help you avoid making the same financial mistakes.

What you will learn:

How to set & reach financial goals
Identify & overcome poor financial habits
Create & manage budgets
Financial ownership
How to use credit effectively
How to save money
Establish strong credit

We are certified

Our team is made up of certified insolvency counsellors who are equipped with the knowledge and experience necessary to provide reputable credit counselling services to you.

WHAT TO LOOK FOR IN A CREDIT COUNSELLOR:

PATIENCE & COMPASSION

David Sklar & Associates is staffed with patient and encouraging counsellors who are committed to the financial empowerment of every person we assist.

We know that debt is overwhelming and stressful, which is why we provide a judgment-free atmosphere where we explain the options and help you make an educated decision. The team at David Sklar is committed to providing the tools and resources you need to achieve financial wellness.

We are driven and are passionate about helping you erase your debt. When you choose us as your Licensed Insolvency Trustee, you can have peace of mind that we will provide you with compassionate and educational credit counselling services.

PERSONALIZATION

There is no one-size-fits-all solution to debt management. The counsellors at David Sklar & Associates provide you with the one on one attention you need to establish a debt management plan that is well suited to your needs, capabilities, and lifestyle. Our sessions are catered to your unique needs to help you set feasible goals.

CERTIFICATION

Our team is made up of certified insolvency counsellors who are equipped with the knowledge and experience necessary to provide reputable credit counselling services to you.

CONSULTATION

A good credit counselling agency in Toronto will provide you with a free consultation to assess your unique needs.

When you are seeking debt relief and require a plan of action — but don’t yet want to make a commitment — you can have peace of mind that we will provide you with a free consultation to go over your current finances and your different options. Then, we will work with you to determine the best path to help you achieve debt relief.

EXPERIENCE

We have been successfully helping people achieve financial empowerment through credit counselling in Toronto since 1997. Our team of experienced counsellors understand bankruptcy and debt management and are committed to sharing that knowledge to help you reduce your debt.

Credit Counselling FAQ

WHAT IS THE PURPOSE OF CREDIT COUNSELLING?

The main purpose of credit counselling is to provide individuals with the guidance they need to make better financial decisions and to provide them with the resources and education they need to absolve themselves of debt. These services also exist to help individuals who are looking to file for bankruptcy or a consumer proposal.

WHEN IS CREDIT COUNSELLING REQUIRED?

Credit counselling in Ontario is required by law when filing for bankruptcy or filing a consumer proposal. In both processes, an individual is required to complete two credit counselling sessions. The first session will typically occur two months into the proposal, whereas the second will generally occur 7 months into the process.

HOW LONG IS CREDIT COUNSELLING NEEDED FOR?

When we provide personalized credit counselling services, we consider your unique needs. We will work with you to determine how long you will require these services. If credit counselling is being provided for a bankruptcy or consumer proposal, you are required to attend two mandatory sessions.

CREDIT COUNSELLING VS. CONSUMER PROPOSAL?

While credit counselling is involved in a consumer proposal, the two are different processes. Credit counselling refers to sessions through which a counsellor provides an individual with financial education to help them achieve financial wellness. A consumer proposal, however, is a legal process through which an individual is able to pay a reduced amount of debt in a set period of time (usually 5 years).

SHOULD I USE CREDIT COUNSELLING SERVICES?

Credit counselling is advised for those with a low consumer-debt-to-income ratio. Credit counselling can either solely help you manage your debt, or help you to identify if you require a consumer proposal or bankruptcy to more effectively rid yourself of your debt burdens. These services are especially beneficial in situations where:

You find yourself frequently utilizing cash advances
You are applying for additional credit cards
You are constantly borrowing money to make monthly costs
You are relying on loans
You are only paying the minimum on your monthly credits and bills
You continue to spend outside your budget
You are considering bankruptcy or a consumer proposal

WHAT HAPPENS WHEN YOU DO CREDIT COUNSELLING?

There are many benefits associated with getting credit counselling when you are seeking debt relief. Credit Counselling in Toronto can help you to achieve financial ah-ha moments by providing:

Personalized counselling from a trained financial professional like the counsellors at David Sklar & associates
Lower interest rates on credit card debt
Removed late fees & additional charges on debt
Reduced total of debt
Loans consolidated into one monthly payment for more manageable repayment
Tools and resources for better money management
Guidance on bankruptcies and consumer proposals

INQUIRE ABOUT OUR CREDIT COUNSELLING SERVICES?

If you are experiencing serious debt problems, contact us to explore your options. Call David Sklar & Associates at 289-806-2005 or get started with our Quick Assessment Form to book your Free Consultation. During the consultation, we will help you identify what your current financial situation is and how best to fix it. With six offices in the Greater Toronto Area – we are here to help.